Franklin, MN vs Hayfield, MN

Franklin is moderately more affordable than Hayfield, with a 10.2% lower cost of living index. Franklin scores 67 compared to 75 for Hayfield, where the US average is 100. This difference means residents of Hayfield can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Franklin is $883/month compared to $933/month in Hayfield — a 5% difference. Home values follow the same pattern: Franklin is more affordable at $84,800 median vs $173,000.

Median household income in Franklin is $54,904 compared to $69,688 in Hayfield (-21.2%). While Hayfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Franklin spend roughly 19.3% of their income on rent, more than the 16.1% in Hayfield.

Climate-wise, both cities share similar average temperatures (45.4°F vs 44.8°F). Hayfield receives more rainfall at 34.7" per year compared to 28" in Franklin.